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Meat and oil prices

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    Meat and oil prices

    Remember when gas went to $4/gal and a quart of oil went from $.99 to $4.59? Now gas is $1.65 and a quart of oil is still $4.59

    hope meat doesn’t do that........prices have crept up in this pandemic, hope they go back down post-pandemic

    #2
    Did meat prices ever go down after they shot up from the 2008 recession?

    Comment


      #3
      Retail meat prices never went down.. the price the farmer gets went down

      Comment


      • smokin fool
        smokin fool commented
        Editing a comment
        Exactly!!!!

      • Mr. Bones
        Mr. Bones commented
        Editing a comment
        Yup.

      #4
      There is some definite sticker shock for me looking at meat, even something basic like ground chuck. I hope it doesn't stay at these levels but my gut tells me otherwise.

      Comment


      • Mr. Bones
        Mr. Bones commented
        Editing a comment
        My gut tells me likewise. Here's hopin we're both wrong, Brother!

      #5
      If the farmers/ranchers would get the their share of these prices it would be fine but that’s not what’s happening.

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        #6
        In the 90's, an extreme example but true, a $5 box of corn flakes contained 5¢ of actual agricultural product.

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          #7
          Good grief. I don't belong to Costco but their brisket is $6.09 per pound. Sounds a little steep.
          ​​​​

          Comment


          • Polarbear777
            Polarbear777 commented
            Editing a comment
            I remember a few years ago it was 2.79

          #8
          Meat prices here have been weird.
          One week - brisket packers were $2.99/lb.
          Next week $5.99/lb but the Nolan Ryan chuck roasts {from the finest cows Aggie science ever made} were $2.99/lb and prime rib eye was $9.99/lb.

          Local Kroger seems to mainly be getting supplied by local packing plants.

          Either way - I hope meat prices go down, and oil prices come up.
          Although generally I don't think prices ever go down once they go up.

          Remember when baggage handling fees were introduced as "temporary"? You knew they'd never go away once they stuck.

          Comment


            #9
            Not long ago WTI oil was $125. And gas here was close to 6 bucks a gallon.

            I think June and July contracts are somewhere in the $30. Range and I paid $3.10 a gallon the 2 days ago. “This weather is expensive” someone recently said.

            Edit WTI for July $33.95 as of a minute ago.
            Last edited by HouseHomey; May 21, 2020, 06:02 AM.

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              #10
              Oh yea....well my dad can beat up your dad....so there

              Comment


                #11
                Just made grocery for the week.
                Baby back ribs $2/lb. "st Louis spare ribs" $3/lb
                Pork loin $2.50/lb

                No brisket at all. Only beef was ground. .
                No roast beef in the deli.

                I'm sure next week will be the opposite.

                Comment


                  #12
                  Supply chains are problematic and I think they need diversification. That can only help the ranchers and farmers. The current supply chair was surprisingly fragile.

                  Comment


                    #13
                    I got sticker shock when I bought meat from supermarkets before COVID. Paid $3.25 a lb for a side of beef last fall, and $225 for a half hog bundle at the beginning of the year. Otherwise, I only buy meat when I need multiple briskets or butts, and/or I see a really good deal. Like last week when I bought 4 butts at 99 cents a lb. One of the restaurants in my area, which is just doing drivein sales at this point, had on their Facebook page a picture of a tube of ground beef that had a price tag of 80 bucks as the reason why their prices were going to have to go up. Others pointed out that the picture was from a store that was close to 2 hours away from us, and the supermarket in town had 10 lb tubes of ground beef for under 3 bucks a lb.

                    For me, since I normally use locally sourced meat, and local butchers/processors, the only problem is that all of them in my area are booked through November. Actually, the place I got the half hog from, along with others, has been processing meat, basically just grinding it, quickest and easiest for people to use, and donating it to food pantries. Mostly hogs that would otherwise be euthanized and rendered.

                    Comment


                      #14
                      Hopefully I am breaking even by diverting my gas money to meat.
                      The sad part is that here I am about to pull the trigger on a new rig and the price of meat goes up.

                      Comment


                        #15
                        Went to the Kroger last night. A fairly small choice chuck roast, $19.00!

                        Comment


                        • HouseHomey
                          HouseHomey commented
                          Editing a comment
                          Sounds like $5.99lbs to me. Ugh!

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